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Hall of Fame golfer Phil Mickelson confirmed that FBI agents investigating insider trading approached him this week at the Memorial Tournament. The five-time major champion said Saturday he has done “absolutely nothing wrong.” A federal official briefed on the investigation told The Associated Press the FBI and Securities and Exchange Commission are analyzing trades Mickelson and Las Vegas gambler Billy Walters made involving Clorox at the same time activist investor Carl Icahn was attempting to take over the company. The official was unauthorized to speak about the ongoing investigation and spoke to the AP on condition of anonymity. Reports of the investigation...

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Hall of Fame golfer Phil Mickelson confirmed that FBI agents investigating insider trading approached him this week at the Memorial Tournament. The five-time major champion said Saturday he has done “absolutely nothing wrong.”
A federal official...

Pasadena's OneWest Bank, which rose from the ashes of failed high-risk home lender IndyMac Bank, agreed to be bought by commercial lender CIT Group Inc. in a $3.4-billion deal that would create the biggest bank based in Southern California.
The...

Consumers frustrated by robo-calls and customer service calls to their cellphones have a potential way out.
A federal appeals court in Philadelphia ruled this week that people can opt out of unsolicited cellphone calls if companies are using auto-dialers...

The gig: Lyndon Rive, 36, chief executive of SolarCity Corp., a company co-founded in 2006 with his older brother, Peter, that helped popularize a new direction in residential solar power development. The San Mateo, Calif., company installs solar panels...

Emulex Corp. in Costa Mesa designs and makes chips that help data move faster through computer servers and storage networks.
The company's Ethernet and Fibre Channel products have been built into the server and storage products of such well-known...

CBS Corp. has named Lawrence P. Tu as its general counsel, tapping the veteran corporate attorney to succeed the retiring Louis Briskman.
Tu, who served as the top lawyer for rival NBC a decade ago, will start in January and will oversee all legal...

First came the Dow. Then the S&P 500. And now the Nasdaq is reaching a milestone.
The technology-laden Nasdaq composite index briefly jumped above 4,000 on Monday, the first time it has hit that mark since the collapse of the dot-com bubble 13...

SAN FRANCISCO — Google's deal to sell its Motorola Mobility unit to Lenovo for $2.9 billion delivered a double-barreled shocker to the tech industry as the sale promised to scramble the playing field for mobile devices.
The transaction marks an abrupt...

Barnes & Noble Inc. Chairman Leonard Riggio is hoping to buy out the struggling retail side of the bookstore business he bought some 40 years ago as digital advances and online competition threaten the chain’s growth.
In a Securities and Exchange...

Hewlett-Packard Co. has claimed the No. 1 spot on the Greenpeace Guide to Greener Electronics released Wednesday. The Palo Alto-based manufacturer of printers, computers and other consumer electronics scored 5.9 out of a possible 10 points on the 17th iteratio

Apple Inc. had an incredible 2007. It launched the iPhone, saw a huge uptick in Macintosh computers sales and enjoyed the near doubling of its stock price.
As people flock to the annual Macworld Conference & Expo here this week, one thing is less...

Four Madoff family members who worked at Bernard L. Madoff???s investment firm may not have known about his epic Ponzi scheme -- but they certainly should have, according to a lawsuit filed today by the government-appointed trustee liquidating the convicted ...

Here's your misanthropically Monday roundup of consumer news from around the Web: --Remember all that talk about "socialized medicine" and a "government takeover of healthcare"? Well, here's all you need to know about the reform package that cleared the House.

Computer maker Dell Inc. withdrew Thursday from the three-week bidding war over tiny data-storage company 3Par Inc., which quickly accepted the offer of $33 a share from Dell rival Hewlett-Packard Co. HP's final bid -- which values the Fremont, Calif., company

Personal-computer maker Dell Inc. more than doubled its net income in its fiscal third quarter, and average consumers had little to do with the increase. Instead, the public sector and business customers helped push profit to $822 million for the ...

Four people connected with technology companies were arrested Thursday morning as part of the government's latest push to root out insider trading in the financial industry. One of the men arrested, James Fleishman, was an executive at Primary Global Research,

Steve Jobs announced his leave of absence from Apple on a holiday, when the U.S. markets were closed. The next day Apple reports record sales and a $6-billion profit. It seems that Jobs and Apple picked the best possible day to break such news.